A will they, won’t they story if there ever was one in the telecom industry. According to a new report, T-Mobile and Sprint have once again started talks related to a possible merger. This is the third time in four years that the third and fourth largest mobile carriers in the United States respectively are mulling a possible merger. The latest round has been started merely five months after the previous fell through due to disagreements on who will control the combined entity.
Citing people familiar with the matter, The Wall Street Journal reported today that T-Mobile and Sprint have restarted merger talks. Their last round fell through in November 2017 when both companies said that a deal could not be reached.
The scribe mentions that the latest round of talks are still in the preliminary stages which suggests that there’s a possibility that they might fall through again. The idea behind a merger between the two carriers has always been to put up a united opposition to behemoths like Verizon and AT&T who have a considerable hold on the country’s mobile market.
It remains to be seen, though, if the reasons why the talks didn’t lead to a merger will be addressed in this latest effort. Who knows, the third time just might be the charm.